Dr Penny:
You say on your blog - which I have taken my time to scan:
"the stock is dead, technically speaking, independently of news, will fall slowly for the next 4 to 6 months."
How on earth can this stock be technically dead with this kind of volume? Up down or sideways we have lots of activity - btw it happens to be up for 4 days! I am certainly not the only accumulator around here; if I were, there wouldn't be much point. The last thing I see is aimless drift.
I notice your blog qualifies the statement that the stock is technically dead with the caveat "independently of news". Isn't that what we are enagaged in here, getting ahead of the curve? This, in my view, renders the position meaningless, unless you can explain convincingly otherwise. Or have you discounted the value of news on the basis of market anticipation? Given the fact that many sit on the sidelines for hard evidence of business developments/breaking a penny, I doubt it.
Charts don't just appear - they are generated from the reactions of "investors" to known or anticipated business activity. In this instance, many of us here expect a breakaway at one or more critical news breaks. Let's not confuse chicken and egg here. I don't buy that the indicators point negatively -back it up with something to chew on.
PS: If I had a share of GSCR for every naysayer I have ignored in my life I would be an increasingly richer man.
But in the end - and this isn't you per se - my favorite has to be the spinning wheel with a missing hamster. If you missed that, you should spend a moment to check THAT out!
All the best,
Faucet
AI
Market Data 
Markets 
